𝛼SK or Searchbullish
Select Harvests Ltd - Season higher costs; while outlook strengthens
SUMMARY
- Select Harvests Ltd (ASX:SHV) is one of Australia’s largest almond growers, processors and sellers, with an extensive orchard footprint (Riverland, Sunraysia and Riverina) and increasing third-party volume processing.
- SHV provided a trading update (8 Sept) prior to the end of its financial year (30 Sept.) indicating additional harvest costs of $7m ($13m total costs) which have impacted in FY26 (initial weather-related costs at H1 indicated $6m).
- SHV also provided commentary on strengthening global pricing, increasing its pool almond price from $10.21/kg to $10.26/kg, and stating a marginally reduced crop range 28,800-29,600 metric tonnes, with processing now complete.
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- Select Harvests Ltd - Season higher costs; while outlook strengthens16 Sep 2026
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